Metalicity's Maiden Drilling Program at Yundamindra Gold Project

Metalicity Limited (ASX: $MCT) is set to commence its maiden drilling program at the Yundamindra Gold Project, marking the first drilling activity at the project in over 10 years. The drilling program will focus on the highly prospective Western Line, including the Landed at Last prospect, which has historically returned outstanding shallow, high-grade results. Metalicity's Managing Director, Justin Barton, highlighted the significance of this milestone, emphasizing the opportunity to confirm and extend known mineralization occurrences within the area while targeting new discoveries.

Executive Commentary on Yundamindra Gold Project

Following the recent favorable Wardens Court decision, Metalicity has been diligently reviewing historical data and activities at the Yundamindra Gold Project. The project's lack of drilling activity for over a decade presents an exciting opportunity for Metalicity to validate and expand known mineralization occurrences and pursue new high-grade gold discoveries. The upcoming drilling program, focusing on the Western Line and the Landed at Last prospect, is a crucial step in our strategic exploration efforts.

Summary of Metalicity's Maiden Drilling Program

Metalicity's upcoming maiden drilling program at the Yundamindra Gold Project signifies a significant milestone for the company, as it marks the resumption of drilling activity after a prolonged hiatus. The project's historical production and the presence of high-grade, shallow drilling intercepts underscore its potential for substantial mineralization. With a focus on the Western Line and the Landed at Last prospect, Metalicity aims to leverage the project's proximity to under-capacity mills and its historical success to validate and expand known mineralization occurrences. The company's commitment to exploring new high-grade gold targets reflects its strategic vision and determination to unlock the full potential of the Yundamindra Gold Project.